2025-09-24T09:44:52-05:00 2024-12-31 420714325 RSM US LLP 7351 OFFICE PARK PLACE MELBOURNE FL 329408229 990 2024-01-01 232220051 INTERNATIONAL DEVELOPMENT ENTERPRISES INTE 3032324336 1031 33RD ST 270 DENVER CO 802052772 JOHN PASSAUER VP FINANCE 3032324336 2025-09-23 1 0 KELLI PECK P01423033 3217516200 2025-09-23 2024 2025-03-06 01:10:19Z IDE MICHAEL ROBERTS 1031 33RD ST 270 DENVER CO 802052772 43364977 0 X WWW.IDEGLOBAL.ORG X 1982 PA IDE CREATES INCOME AND LIVELIHOOD OPPORTUNITIES FOR POOR, RURAL HOUSEHOLDS. 17 17 72 17 0 0 32281596 36936065 5389693 6068548 192537 231833 638724 121942 38502550 43358388 0 0 0 0 20073545 24093967 0 0 733239 16941313 17751771 37014858 41845738 1487692 1512650 19100254 16776461 10867933 7517697 8232321 9258764 X SEE SCHEDULE O FOR A MORE DETAILED DESCRIPTION OF IDE'S MISSION STATEMENT AND ACHIEVEMENTS. 0 0 32745975 6190490 IDE IS A GLOBAL DEVELOPMENT ORGANIZATION THAT ADVANCES MARKET-BASED APPROACHES IN AGRICULTURE; ACCESS TO FINANCE; AND WATER, SANITATION AND HYGIENE (WASH) TO CREATE INCOME AND LIVELIHOOD OPPORTUNITIES FOR ECONOMICALLY AND SOCIALLY DISADVANTAGED HOUSEHOLDS. IDE HAS MADE A DIFFERENCE BY DEVELOPING INCLUSIVE MARKET ECOSYSTEMS THAT ALLOW MORE PEOPLE TO PARTICIPATE IN THE ECONOMY, EXERCISE CHOICE THROUGH ECONOMIC FREEDOM AND ACHIEVE THEIR ASPIRATIONS. IDE CREATES REAL CHANGE THAT GIVES PEOPLE THE POWER TO PROSPER ON THEIR OWN TERMS. 32745975 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 X 21 0 1 72 1 0 1 CB BG NP VM ET ZA GH MZ HO SZ IN UK 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 1 0 CO MA NY X X JOHN PASSAUER 3032324336 1031 33RD ST 270 DENVER CO 802052772 ROBERT HILL CHAIRMAN 3.00 0.00 X X 0 0 0 MARK FITZGERALD TREASURER 1.00 0.00 X X 0 0 0 TOM EBLING VICE CHAIR 1.00 0.00 X X 0 0 0 LEE ADDAMS BOARD DIRECTOR 1.00 0.00 X 0 0 0 GERRY DYCK BOARD DIRECTOR 1.00 0.00 X 0 0 0 BILL FAST BOARD DIRECTOR 1.00 0.00 X 0 0 0 JUDITH HERMANSON BOARD DIRECTOR 3.00 0.00 X 0 0 0 SHASHWAT JHA BOARD DIRECTOR 1.00 0.00 X 0 0 0 VENKATA KISHORE BOARD DIRECTOR 1.00 0.00 X 0 0 0 RICK KWAN BOARD DIRECTOR 1.00 0.00 X 0 0 0 ALIX LEBEC BOARD DIRECTOR 1.00 0.00 X 0 0 0 CHANDRA MADRAMOOTOO BOARD DIRECTOR 2.00 0.00 X 0 0 0 RICK MAZUR BOARD DIRECTOR 1.00 0.00 X 0 0 0 LEN PENNER BOARD DIRECTOR 1.00 0.00 X 0 0 0 LINDA PORTER-COX BOARD DIRECTOR 1.00 0.00 X 0 0 0 JOYCE KING THOMAS BOARD DIRECTOR 2.00 0.00 X 0 0 0 ANA XIMENES BOARD DIRECTOR 1.00 0.00 X 0 0 0 ELIZABETH WELCH CEO 40.00 0.00 X 419692 0 48979 JOHN PASSAUER VP, FINANCE 40.00 0.00 X 176358 0 36851 KARRY DANGERFIELD VP, GLOBAL OPERATIONS 40.00 0.00 X 159603 0 33220 DEEPAK KHADKA COUNTRY DIRECTOR, MOZAMBIQUE 40.00 0.00 X 232897 0 73464 SAMEERK KARKI COUNTRY DIRECTOR, BANGLADESH 40.00 0.00 X 189450 0 25172 KEVIN ROBBINS COUNTRY DIRECTOR, CAMBODIA 40.00 0.00 X 167774 0 45879 COREY O'HARA CHIEF OF PARTY, MOZAMBIQUE 40.00 0.00 X 168192 0 17010 KATHERINE KOCH VP. COMM. & MARKETING 40.00 0.00 X 155481 0 26137 MICHEL DAUGUET SENIOR DIRECTOR, SOCIAL ENTERPRISES 40.00 0.00 X 166183 0 15943 NADIA CAMPOS GLOBAL DIRECTOR, INNOVATION LAB 40.00 0.00 X 166211 0 54668 2001841 0 377323 29 0 1 0 CROWELL & MORING LLP 1001 PENNSYLVANIA AVENUE NW WASHINGTON DC DC 20004 LEGAL 196816 1 36936065 36936065 FIELD AND PROGRAM REVE 900099 5837239 5837239 CONSULTING FEES 900099 231309 231309 6068548 232993 232993 4585 5745 -1160 -1160 -1160 943 844 99 99 OTHER REVENUE 900099 121843 121843 121843 43358388 6190490 0 231833 1395686 1035594 326695 33397 17561294 12707726 4403417 450151 466083 323371 129476 13236 3955121 2911424 946898 96799 715783 531108 167547 17128 249383 151744 93370 4269 193043 114876 74749 3418 1839870 1055116 750441 34313 81987 36803 44802 382 1721379 1354117 350979 16283 519453 413800 101237 4416 798782 632117 159276 7389 2787040 2369097 371625 46318 236824 191208 43210 2406 130496 62407 67514 575 423317 404905 18412 108802 50560 57750 492 SUBGRANTS 2993680 2993680 OTHER IMPLEMENTATION 2792598 2788347 4251 SUBCONTRACTS 2440942 2437502 3440 MISCELLANEOUS EXPENSE 310759 146730 162593 1436 123416 33743 88842 831 41845738 32745975 8366524 733239 10912941 9302635 147097 181080 2349017 2423417 631394 47065 80468 459761 814130 3121491 2142998 1243508 978493 1668843 1507915 1687693 1441258 19100254 16776461 2986809 1957346 6052944 3928306 396162 215538 1432018 1416507 10867933 7517697 X 2807744 1954586 5424577 7304178 8232321 9258764 19100254 16776461 X 1512650 -486207 X X 0 1 X 1 1 1 X 23621424 20876130 27528484 32281596 36936065 141243699 23621424 20876130 27528484 32281596 36936065 141243699 4957096 136286603 33550 36082 102450 181744 232993 586819 313254 153166 217335 622696 121843 1428294 143258812 19730406 0.95130 0.93720 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2020 AMOUNT: $ 313,254. 2021 AMOUNT: $ 153,166. 2022 AMOUNT: $ 217,335. 2023 AMOUNT: $ 622,696. 2024 AMOUNT: $ 121,843. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3121491 2142998 978493 978493 INVESTMENT IN SUBSIDIARIES 1507915 F 1507915 DEPOSITS 88390 OTHER ASSETS & RECEIVABLES 289846 LEASED ASSET 1063022 1441258 INTERCOMPANY PAYABLES 268510 LEASE LIABILITY 1147997 1416507 X 46145666 2787278 2787278 43358388 0 43358388 44604204 2758466 2758466 41845738 0 41845738 PART X, LINE 2: IDE QUALIFIES AS A TAX EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, THEREFORE, NO PROVISION FOR FEDERAL INCOME TAXES HAS BEEN PROVIDED. IN ADDITION, IDE QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(C)(2) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). IDE FOLLOWS THE GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS. IDE HAS NO CURRENT OBLIGATION FOR UNRELATED BUSINESS INCOME TAX. IDE FILES AS A TAX-EXEMPT ORGANIZATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: HYDROLOGIC REVENUES INCLUDED IN CONSOLIDATED AUDIT 1,290,337. IDE GHANA REVENUES INCLUDED IN CONSOLIDATED AUDIT 1,474,981. IDE FOUNDATION REVENUE INCLUDED IN CONSOLIDATED AUDIT 21,960. PART XII, LINE 2D - OTHER ADJUSTMENTS: HYDROLOGIC EXPENSES INCLUDED IN CONSOLIDATED AUDIT 1,324,285. IDE GHANA EXPENSES INCLUDED IN CONSOLIDATED AUDIT 1,429,163. IDE FOUNDATION EXPENSES INCLUDED IN CONSOLIDATED AUDIT 5,018. SOUTH ASIA 2 245 PROGRAM SERVICES AGRICULTURE, WATER, SANITATION & HYGIENE, ACCESS TO FINANCE, CLIMATE CHANGE, GENDER, NUTRITION AND FOOD SECURITY. 5917404 SUB-SAHARAN AFRICA 5 352 PROGRAM SERVICES AGRICULTURE, WATER, SANITATION & HYGIENE, ACCESS TO FINANCE, CLIMATE CHANGE, GENDER, NUTRITION AND FOOD SECURITY. 19196634 EUROPE (INCLUDING ICELAND & GREENLAND) 1 4 PROGRAM SERVICES AGRICULTURE, WATER, SANITATION & HYGIENE, ACCESS TO FINANCE, CLIMATE CHANGE, GENDER, NUTRITION AND FOOD SECURITY. 120553 CENTRAL AMERICA AND THE CARIBBEAN 1 12 PROGRAM SERVICES AGRICULTURE, WATER, SANITATION & HYGIENE, ACCESS TO FINANCE, CLIMATE CHANGE, GENDER, NUTRITION AND FOOD SECURITY. 1028509 EAST ASIA AND THE PACIFIC 3 147 PROGRAM SERVICES AGRICULTURE, WATER, SANITATION & HYGIENE, ACCESS TO FINANCE, CLIMATE CHANGE, GENDER, NUTRITION AND FOOD SECURITY. 3875673 SUB-SAHARAN AFRICA 0 0 INVESTMENTS 795008 EAST ASIA AND THE PACIFIC 0 0 INVESTMENTS 692669 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 231409 12 760 0 0 12 760 31857859 0 31857859 0 0 1 0 0 0 PART I, LINE 3: ACCRUAL METHOD X 1 1 X X X 1 0 0 0 0 0 0 0 0 ELIZABETH WELCH CEO 363228 0 56464 0 0 0 21794 0 27185 0 468671 0 0 0 DEEPAK KHADKA COUNTRY DIRECTOR, MOZAMBIQUE 161897 0 0 0 71000 0 9714 0 63750 0 306361 0 0 0 NADIA CAMPOS GLOBAL DIRECTOR, INNOVATION LAB 129011 0 0 0 37200 0 7741 0 46927 0 220879 0 0 0 SAMEERK KARKI COUNTRY DIRECTOR, BANGLADESH 135000 0 0 0 54450 0 8100 0 17072 0 214622 0 0 0 KEVIN ROBBINS COUNTRY DIRECTOR, CAMBODIA 126314 0 0 0 41460 0 10066 0 35813 0 213653 0 0 0 JOHN PASSAUER VP, FINANCE 176358 0 0 0 0 0 10581 0 26270 0 213209 0 0 0 KARRY DANGERFIELD VP, GLOBAL OPERATIONS 159603 0 0 0 0 0 9576 0 23644 0 192823 0 0 0 COREY O'HARA CHIEF OF PARTY, MOZAMBIQUE 120000 0 0 0 48192 0 10092 0 6918 0 185202 0 0 0 MICHEL DAUGUET SENIOR DIRECTOR, SOCIAL ENTERPRISES 160183 0 0 0 6000 0 9611 0 6332 0 182126 0 0 0 KATHERINE KOCH VP. COMM. & MARKETING 155481 0 0 0 0 0 9329 0 16808 0 181618 0 0 0 PART I, LINE 1A HOUSING ALLOWANCES ARE PAID TO SOME EXPATRIATE STAFF AND INCLUDED IN TAXABLE COMPENSATION. DEEPAK KHADKA EMPLOYEE PERSONAL USE OF CORPORATE CREDIT CARD X 80468 80468 1 0 1 80468 FORM 990, PART III, LINE 1 IDE IS A GLOBAL DEVELOPMENT ORGANIZATION THAT SPANS OFFICES IN 12 COUNTRIES, ENCOMPASSING TWO SOCIAL ENTERPRISES, EMPLOYING OVER 900 PEOPLE DIRECTLY, AND SERVING MILLIONS OF PEOPLE IN RURAL AND PERI-URBAN HOUSEHOLDS THROUGH MARKET-BASED APPROACHES IN AGRICULTURE; WATER, SANITATION, AND HYGIENE (WASH); AND NUTRITION AND HEALTH. IDE CREATES INCOME AND LIVELIHOOD OPPORTUNITIES FOR POOR, RURAL HOUSEHOLDS IN AFRICA, ASIA, AND LATIN AMERICA, ULTIMATELY FOSTERING PROSPERITY FOR COMMUNITIES BEYOND INCOME ALONE. OUR BOTTOM LINE IS MEASURABLY IMPROVING THE LIVES OF OUR CLIENTS: RURAL FARMERS, FAMILIES, AND SMALL BUSINESSES THAT ARE AMONG THE WORLD'S POOREST. IDE STRIVES FOR A GLOBAL AVERAGE OF USD $10 IN ANNUAL INCOME OR SAVINGS FOR OUR CLIENTS FOR EVERY DOLLAR WE DEPLOY ACROSS OUR GLOBAL PORTFOLIO. UNDER THIS COMMITMENT, WE REPORT OUR SOCIAL RETURN ON INVESTMENT (SROI) OVER A THREE-YEAR ROLLING AVERAGE. IN THE PERIOD 2022-2024, WE ACHIEVED A GLOBAL AVERAGE OF USD $16.9 FOR EVERY DOLLAR INVESTED BY IDE, AND A GLOBAL AVERAGE ANNUAL HOUSEHOLD INCOME INCREASE OF USD $233 (PPP). BY THE END OF 2024, IDE'S EFFORTS HAVE IMPACTED OVER 44 MILLION PEOPLE SINCE OUR FOUNDING IN 1982 AND WE ARE COMMITTED TO GROWING OUR REACH AND IMPACT. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE CONSISTS OF A MINIMUM OF FIVE AND A MAXIMUM OF SEVEN DIRECTORS OF THE BOARD INCLUDING THE CHAIRPERSON AND VICE-CHAIRPERSON OF THE BOARD AND SUCH OTHER BOARD MEMBERS AS SELECTED BY THE BOARD. THE COMMITTEE HAS THE POWER TO ACT FOR THE BOARD BETWEEN BOARD MEETINGS. ALL DECISIONS OF THE EXECUTIVE COMMITTEE ARE REPORTED TO THE BOARD AT ITS NEXT MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM WITH INFORMATION PROVIDED BY MANAGEMENT. THE FORM IS THEN REVIEWED BY THE CHIEF EXECUTIVE OFFICER, VICE PRESIDENT OF FINANCE AND THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS BEFORE BEING APPROVED BY THE FULL BOARD AND BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH POWERS DELEGATED BY THE BOARD OF DIRECTORS WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST ARE CONSIDERED AN INTERESTED PERSON AND MUST DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THE INTERESTED PERSON SHALL LEAVE THE BOARD OF DIRECTORS MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON BY THE REMAINING MEMBERS. THE REMAINING MEMBERS OF THE BOARD OF DIRECTORS DETERMINE IF A CONFLICT OF INTEREST EXISTS. IF A CONFLICT OF INTEREST EXISTS, THE INTERESTED PERSON MAY MAKE A PRESENTATION TO THE BOARD OF DIRECTORS, BUT AFTER THE PRESENTATION MUST LEAVE THE MEETING. THE REMAINING MEMBERS WILL DISCUSS AND VOTE ON THE TRANSACTION OR ARRANGEMENT INVOLVING THE CONFLICT OF INTEREST. THIS POLICY IS ENFORCED AT EACH BOARD MEETING WITH PROCEEDINGS DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15A IDE'S BOARD OF DIRECTORS SETS THE SALARY OF IDE'S CHIEF EXECUTIVE AND ALSO SETS PERFORMANCE OBJECTIVES FOR EACH FISCAL YEAR. PERFORMANCE AGAINST THESE METRICS DETERMINES, IN PART, ANNUAL SALARY INCREASE AND BONUS FOR THE CEO. IN 2024, IDE'S GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWED EXECUTIVE COMPENSATION FROM BIRCHES SALARY SURVEY TO BENCHMARK IDE'S EXECUTIVE COMPENSATION AGAINST OTHER ORGANIZATIONS AS WELL AS AGAINST IDE'S HR POLICY FRAMEWORK. COMPENSATION FOR OTHER HIGH-LEVEL PERSONNEL AND KEY EMPLOYEES IS REVIEWED AT LEAST ANNUALLY BY MEMBERS OF MANAGEMENT. A COMBINATION OF PERFORMANCE, MARKET RATES FROM THE BIRCHES SURVEY, PROFESSIONAL EXPERIENCE, AND SALARY HISTORY WERE USED BY MANAGEMENT TO SET THESE SALARIES. MANAGEMENT ENDEAVORS TO ENSURE THE COMPETITIVENESS AND APPROPRIATENESS OF SALARIES AND BENEFITS IN LINE WITH IDE'S HR POLICY FRAMEWORK. EVERY EFFORT IS MADE TO ENSURE THE PROCESS IS THOROUGH AND TRANSPARENT IN ACCORDANCE WITH IRS GUIDELINES AND IDE'S POLICIES AND PROCEDURES. ALL DECISIONS ARE DOCUMENTED IN PERSONNEL FILES. THIS PROCESS WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AND ON THE ORGANIZATIONS WEBSITE. FORM 990, PART XI, LINE 9: FOREIGN CURRENCY TRANSLATION ADJUSTMENT -480,915. GAIN ON INVESTMENT IN SUBSIDIARIES -5,292. IDE UK MAINYARD STUDIOS 90 WALLIS RD HAC LONDON UK E9 5LN 822900576 CREATE INCOME AND LIVELIHOOD OPPORTUNITIES FOR RURAL POOR HOUSEHOLDS UK 396068 547676 INTERNATIONAL DEVELOPMENT ENTERPRISES IDEAL TECHNOLOGIES LLC 1031 33RD STREET 270 DENVER CO 80205 454239275 TECHNOLOGIES CO 0 0 INTERNATIONAL DEVELOPMENT ENTERPRISES IDE VENTURES LLC 1031 33RD STREET 270 DENVER CO 80205 HOLDING COMPANY CO 0 0 INTERNATIONAL DEVELOPMENT ENTERPRISES IDE INTERNATIONAL FOUNDATION 1031 33RD ST SUITE 270 DENVER CO 802052763 FUNDRAISING SZ 501(C)(3) N/A INTERNATIONAL DEVELOPMENT ENTERPRISES 1 IDE GHANA C667/14 KWABENA BONNIE CRESCENT ACCRA GH WATER, SANITATION, HYGIENE AND ACCESS TO FINANCE GH 501(C)(3) N/A INTERNATIONAL DEVELOPMENT ENTERPRISES 1 GRASS ROOT - SMALL LAND HOLDER INITIATIVE A-77 DDA SHEDS OKHLA PHASE II NEW DELHI IN HELPING POOR FARMERS IN DEVELOPING COUNTRIES ESCAPE POVERTY IN 501(C)(3) N/A IDEAL TECHNOLOGIES LLC 1 HYDROLOGIC SOCIAL ENTERPRISE COMPANY LIMITED HOUSE 38B ST 494 PHSAR DEUM THKO PHNOM PENH CB MANUFACTURE AND SALE OF HOUSEHOLD WATER PURIFIERS IN CAMBODIA. CB INTERNATIONAL DEVELOPMENT ENTERPRISES C 1282392 829714 1.00000 0 IDE VENTURES (SG) PTE LTD THE PLAZA 7500A BEACH ROAD 11-30 SINGAPORE SN OTHER HOLDING COMPANY SN INTERNATIONAL DEVELOPMENT ENTERPRISES C 1.00000 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0